streaming service muscles up to Netflix - 22nd December
will vanish from your Netflix library and you will
end up paying more as the streaming giant faces a
big new threat.
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is set to face a major challenger in the video streaming
space after Disney announced a $US52.4 billion ($A68.3
billion) deal to buy 21st Century Foxs assets.
plan means Disney will be able to offer an impressive
content line-up when it launches its own streaming
service, because it will control all of the Disney,
Pixar, Marvel, Lucasfilm and Fox movies and shows.
a streaming service with all of these titles in the
one place: Every Star Wars movie; every Marvel movie
including The Avengers and Thor: Ragnarok; every Disney
movie including Frozen; every Pixar movie including
Inside Out; Avatar and its upcoming sequels; X-Men,
Ice Age, Alien, Planet of the Apes, Predator and Independence
Day franchises; sitcoms The Simpsons, Modern Family,
Family Guy and Bobs Burgers; dramas The X-Files,
This Is Us, The Americans, American Horror Story and
Buffy; and the suite of National Geographic nature
Disney Company CEO Bob Iger with the mouse himself.
Picture: Drew Angerer/Getty ImagesSource:AFP
deal may also add Oscar-bait movies from the Fox Searchlight
studio such as Best Picture winners Slumdog
Millionaire, 12 Years A Slave, and Birdman
to Disneys streaming service.
of these titles are already on offer on Netflix in
Australia, but Disney is likely to pull them all from
the service as licences expire.
not yet clear what the new streaming service will
look like or what it will be called, but CEO Bob Iger
has confirmed that the company will launch a Disney-branded
offering in 2019.
not looking to necessarily reach the scale of Netflix
quickly but we certainly aim to be an able competitor
to theirs, he told Good Morning America.
family-friendly rival to Netflix could be complemented
by a beefed-up, adult-oriented streaming destination
Hulu, which Disney would have a controlling stake
in after the merger. Hulu, which is not officially
available in Australia, was behind the critically
acclaimed The Handmaids Tale, which won the
Emmy for Best Drama this year.
also has plans to launch an ESPN-branded sports streaming
service in 2018, likely to be home to US baseball,
ice hockey and grand slam tennis tournaments.
Iger said the company wanted to give customers the
ability to pick which services they wanted, or sign
up for all three.
its not known whether the streaming offerings
would be rolled out in Australia, Mr Iger said the
deal would give Disney a much larger international
deal will also substantially expand our international
reach, allowing us to offer world-class storytelling
and innovative distribution platforms to more consumers
in key markets around the world, he said in
Schebesta, co-founder and CEO of Australian comparison
site Finder.com, said Disney would no doubt
be including Australia in its long-term streaming
players like Netflix and Stan sign multi-year deals,
so while the impact of the deal might not be immediately
apparent in Australia, its likely to reverberate
later down the track, especially as it could create
something of a land-grab for other, non-Disney rights,
Mr Schebesta told news.com.au.
customers are likely to see Disney and Fox titles
disappear from Netflix over the next two years, though
current Marvel shows, such as Daredevil, will remain.
a result, Netflix is doubling down on its expensive
strategy of producing its own shows and movies, such
as The Crown and Stranger Things, so it doesnt
have to rely on content from other studios. The streaming
services plans to spend a staggering $US8 billion
($A10.4 billion) on original content in 2018.
of this means that it will be harder and harder for
Australian customers to find a streaming service that
offers all of the movies and shows they want in the
one place, which will mean having to pay for multiple
services if you want access to all of the best content.
you factor in free streaming catch-up TV services,
original video from social networks, and increased
fragmentation in the paid streaming service space,
things are looking more fractured than ever. And thats
not going to change anytime soon. In fact, its
going to get worse, Mr Schebesta said.
dont think well realistically see a one-stop
shop for all shows and movies. There are still multiple
channels on free-to-air TV, and the same extends to
predict well see more Aussies plan-hopping as
they subscribe to tune into their favourite shows,
then unsubscribe when its over.
merger is yet to be approved by government regulator
the Federal Communications Commission, the US equivalent
of the Australian Competition and Consumer Commission.
Century Fox executive co-chairman Rupert Murdoch is
also the executive chairman of News Corp, which publishes